— Dominion Energy (NYSE: D) reported operating earnings of $988 million or $1.18 per share for the fourth quarter of 2019, on an adjusted basis, compared to $592 million or $0.89 per share last year, vs. $1.16 per share expected.
— Unadjusted profit was $1.1 billion or $1.32 per share, up from $641 million or $0.97 per share reported for the same period in 2018
— The results benefitted from strong performance across all the key business units
– Operating revenue advanced to $4.48 billion from $3.36 billion last year, vs. $5.04 billion expected
— Expects full-year 2020 operating earnings to be in the range of $4.25 per share to $4.60 per share, compared to $4.24 per share reported for 2019
— Expects certain negative drivers for 2020, including increased minority interest expense associated with the equity recapitalization of Cove Point and share dilution
— For the first quarter of 2020, expects operating earnings to be in the range of $1.05 per share to $1.25 per share
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
Infographic: How Alaska Air Group (ALK) performed in Q1 2024
Alaska Air Group (NYSE: ALK) reported its first quarter 2024 earnings results today. Total operating revenue increased 2% year-over-year to $2.23 billion. Net loss amounted to $132 million, or $1.05 per
KMI Earnings: Kinder Morgan Q1 2024 adjusted profit increases; revenue drops
Kinder Morgan, Inc. (NYSE: KMI) reported higher adjusted earnings for the first quarter of 2024 despite a decrease in revenues. The energy infrastructure company also issued guidance for the full
What to expect when Altria (MO) reports first quarter 2024 earnings results
Shares of Altria Group, Inc. (NYSE: MO) stayed green on Wednesday. The stock has dropped 8% over the past one month. The tobacco giant is scheduled to report its first
